5040 SW Hilltop Ln in Portland sells for $1.23 million

The $1,225,000 sale was 14% below the property's $1,428,100 market value on record, according to the Assessor's records.

The single-family home at 5040 SW Hilltop Ln in Portland sold on September 8, 2026, according to the Multnomah County Assessor's sales records. Assessor's records show 3,921 square feet of living area and a build year of 1941.

At that size, the price works out to $312 per square foot. Listing data shows 4 bedrooms and 3 bathrooms.

The record lists Mark Philpot and Tai H Trang as the buyer. An aerial photo shows trees covering much of the lot, with other houses around it.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Multnomah County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $3,405 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Multnomah County custom.

How much did the seller net?

By our estimate, the seller netted about $1,157,521. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $268,541 at closing. That covers the down payment and closing costs.

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